NJ Sees Wind In Post-Sandy Energy Future

Law360, New York (June 13, 2013, 6:29 PM EDT) -- New Jersey is poised to someday add offshore wind energy to a power grid that lawmakers, the state Board of Public Utilities and utilities themselves are upgrading because of Superstorm Sandy, but those wind projects hinge on a funding mechanism that officials have yet to sort out, attorneys said Thursday.

Gov. Chris Christie in 2010 positioned New Jersey to be a leader for offshore wind farms when he signed the Offshore Wind Economic Development Act, which created a system of offshore wind renewable energy credits, or...
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